All Tomorrow's Parties have issued an announcement regarding the restructuring of their business, in response to the recently reported news that the company had gone into liquidation.

Barry Hogan, the founder of ATP, which is responsible for putting on ATP festivals and gigs as well as the record label, released the statement today. In it, he clarifies that the original company, ATP Concerts Limited, went into voluntary liquidation, and that all its assets have been transferred to a new company, Willwal Limited. The statement doesn't delve too deeply into the reasons for the changes, save acknowledging that the current state of the economy and the music business has meant that their operation has sometimes been "under difficult circumstances".

"It is a tough climate out there," the statement continues, "but this restructuring will ensure that ATP is around for many more years to come. We thank the fans who have stood by us over the years and especially during this recent time of reorganisation."

ATP have also clarified that all future events will proceed as planned, including all ATP gigs and the pair of festivals set to take place at Pontins, Camber Sands, this December, curated by The National and Shellac. The first set of bands for Shellac's event will be announced on Monday.

They have also announced that for "logistical reasons", ATP US, set to take place from September 21st-23rd and curated by Greg Dulli & ATP, is to be moved from New Jersey's Astbury Park to Pier 36, Manhattan, New York. There is a full announcement regarding the change of location available here, which clarifies that certain announced acts are no longer able to play. Factory Floor, Reigning Sound and Sharon Van Etten will no longer be appearing, and comedian Louis CK will not be appearing due to scheduling conflicts. Anyone unable to attend the newly relocated event will be able to request a full refund.

However, ATP have announced a host of new names for the festival, which runs as follows: Philip Glass & Tyondai Braxton, Janeane Garofalo, Lightning Bolt, Lee Ranaldo, Chavez, Kurt Braunohler, Afterhours, Joseph Arthur, Godspeed You! Black Emperor, The Album Leaf, The Psychic Paramount, Braids, Tall Firs, Blanck Mass, Endless Boogie, Demdike Stare and DJ Jonathan Toubin.

Hogan's full statement regarding the company's restructuring can be read below.

"Statement Regarding Changes Within ATP:

We have now completed a restructuring of the business of ATP Concerts Limited. This involved the Voluntary Liquidation of ATP Concerts Limited and transfer of its assets (including the rights to the All Tomorrow's Parties festival, label, and shows) to a new company called Willwal Limited. We will also be dividing the business into three different companies; ATP Festivals, ATP Recordings and ATP Shows.

The team however, remain the same, having been transferred over to Willwal Limited - and the festival is still called All Tomorrow's Parties. All future events will continue as scheduled on the dates advertised and all tickets for those events are still valid.

ATP remains unwaveringly committed to hosting world class events. Since our inception it has been our mission to provide quality concerts for discerning music lovers around the world - our number one priority has always been the bands and the fans and we work hard, sometimes under difficult circumstances, to achieve the highest standards possible. It is a tough climate out there, but this restructuring will ensure that ATP is around for many more years to come. We thank the fans who have stood by us over the years and especially during this recent time of reorganisation.

Other news we are announcing today is that the U.S. event on September 21 - 23 is to be moved from Asbury Park, New Jersey to Manhattan, New York. This is due to logistical reasons and a full press release regarding the move will be posted here. Anyone unable to attend due to this change will be able to request a full refund.

We have many exciting developments and opportunities available to us that will be announced over the coming months. We will be continuing the work we have done over the past 13 years and would like to thank everyone for their kind support over the past week - we apologise that this statement has taken longer than anticipated to be released (due to needing certain legal clearances) - we thank you again for your patience and apologise for any unnecessary worry caused.

On Monday we will announce the first bands for this December's Nightmare Before Christmas festival curated by Shellac.

Yours sincerely,

Barry Hogan ATP"